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Here’s some beginner educational knowledge for you to start your own journey of learning & investing:
Time stamps:
0:00 Intro
1:28 Steps to Investing
3:36 Financial Terms to Know
8:20 Best Beginner Investments
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Simple Investing Portfolio for Beginners:
How to Build a Budget:
Investing and Saving Tips:
FURTHER LEARNING:
The Financial Diet:
Our Rich Journey:
Investing with Rose:
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Investing may not be something that comes to mind when you are in your 20s. After all, you may be focused on starting your career, paying off student loans, or simply enjoying the newfound freedom that comes with this stage of life. However, starting to invest as early as possible can set you on a path to financial independence and provide you with long-term benefits. Here are some tips for beginners on how to start investing in your 20s:
1. Educate Yourself: Before diving into the world of investing, it is essential to educate yourself about the basics. Understand the various investment options available, such as stocks, bonds, mutual funds, real estate, or even cryptocurrencies. Get familiar with financial terminology and learn how the stock market and other investment platforms work. This knowledge will help you make informed decisions and minimize risks.
2. Set Long-Term Goals: Determine your financial objectives and set clear, long-term goals. Whether you are saving for retirement, buying a house, or starting a business, having specific goals will guide your investment strategy. Identify your risk tolerance level and assess how much you can comfortably invest without jeopardizing your immediate needs and expenses.
3. Establish an Emergency Fund: Before investing, ensure you have established an emergency fund. Financial experts recommend saving three to six months’ worth of living expenses in case of unexpected emergencies like job loss or health issues. Having this safety net will provide peace of mind and prevent you from prematurely tapping into your investments.
4. Start Small: You don’t need a large sum of money to start investing. Begin by investing small amounts regularly. Consider automated investment platforms like robo-advisors or micro-investment apps that allow you to invest spare change or small increments at a time. Starting early gives you the advantage of compound interest, which helps your investments grow faster over time.
5. Diversify Your Portfolio: The saying “don’t put all your eggs in one basket” holds true in investing. Diversify your portfolio by investing in different asset classes and across various industries. This strategy spreads your risk and helps mitigate any losses. Invest in a mix of stocks, bonds, and other investment vehicles that align with your risk tolerance and financial goals.
6. Take Advantage of Employer-Sponsored Plans: If your employer offers a 401(k) or similar retirement plan, take full advantage of it. Contribute at least enough to get the full employer match, as this is essentially “free money.” These plans often offer tax advantages and long-term growth potential. Start contributing as early as possible to make the most of the compounding effect.
7. Avoid Impulsive Decisions: Investing should be a long-term commitment. It is crucial to avoid making impulsive decisions based on short-term market fluctuations or investing fads. Keep a calm and rational approach, focusing on your long-term goals rather than trying to time the market. Maintaining a disciplined approach will help you ride out market volatility and make more informed decisions.
8. Seek Professional Advice: While it is essential to educate yourself, seeking professional financial advice can be beneficial, especially as you navigate the complexities of investing. A financial advisor can provide personalized guidance, help you create a comprehensive investment plan, and ensure you stay on track to reach your financial goals.
Investing in your 20s can set you up for a financially secure future. By starting early, educating yourself, diversifying your portfolio, and staying disciplined, you can make significant strides towards building wealth and financial independence. Remember, investing is a long-term game, so be patient and stay committed to your financial goals.
The future belongs to those who believe in the beauty of their dreams . Success is a state of mind . I start investing my cash in other to achieve all my dream.
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession– it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $600k now to put in the market.
Please I need someone to help me trade or invest the market because I'm tired of trading in losses myself. I've blown my account more than once and it's so disheartening
The stock market rally still appears to be in the midst of a normal pullback. I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 50.
16:51I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas..
Great video. I watch several youtube videos on how to trade in the market but haven’t made any headstart because they are either talking some gibberish or sharing their story
of how they made it and I do not want to make mistakes by taking risks in my own handswil
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix– Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
I started investing in the stock market because of dividends. What matters, in my opinion, is that if you invest and earn more money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can pass that on to your children, giving them a head start in life. I've invested over $600k in dividend stocks over the years; I continue to buy more today and will continue to do so until the price lowers even further.
I lost over $70K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $9k profits weekly. Thanks so much Mrs Cynthia M.Levi
The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 7 house later living off passive income since June 6, 2016. You’ve got to start taking steps to achieve your goal.
Hi! I’m a beginner on this subject. Should I start investing while I do my research as I gather information or is it better to wait to get the whole picture? It seems like there’s a lot to learn….
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
5:06 Great content, I appreciate your step by step approach and now i have a favorite YouTube channel. But I still find it very difficult to trade. I'm new here please how can I buy and trade without loss in market volatility?
The stock market is still a fantastic tool for building wealth, however, so it's wise to consider investing even if you don't have much money to spare.
I make huge profits on my investment since i started trading with Mrs Amelia Ted, her trading strategies are top notch coupled with the little commission she charges on her trade
Thank you Elena, can i invest in these even if i ain't American?
Saving your money and investing it into stock market will be the wisest thing to do to ensure success
Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol..
What does one do with a ton of student loans? We're putting about 15% of our gross household income into my student loans. At that rate it'll still take ~12 years to fully pay off. We still are interested in investing but are not sure what to do
Very helpful, first step!
Investment in stocks is a great way to invest your money. The team is constantly checking the market for changes and make sure that you are always informed about the best time to invest. As a result, I have made more money than ever before, and I don't have to manage my portfolio on my own! Invest in stocks, it's worth it!
To obtain financial freedom one needs to be a busses owner, an investor or both, generating passive income, particularly on a monthly basis.